Rand Capital (RAND) Operating Expenses (2022 - 2026)

Rand Capital (RAND) recorded quarterly Operating Expenses of $641917.0 in Q1 2026, down 3.55% quarter-over-quarter from $665562.0 in Q4 2025, and down 18.85% on a YoY basis from $791065.0 in Q1 2025.

Rand Capital (RAND) Operating Expenses (2022 - 2026) Analysis & Trends

Rand Capital's Operating Expenses history runs 5 years deep, the most recent figure standing at $641917.0 for Q1 2026.

  • In Q1 2026, Operating Expenses fell 18.85% year-over-year to $641917.0; the TTM figure through Mar 2026 stood at $1.0 million (down 76.38% YoY), while the FY2025 annual figure was $1.2 million, down 75.43% from the prior year.
  • Operating Expenses was $641917.0 for Q1 2026 at Rand Capital, down from $665562.0 in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $2.7 million in Q2 2024 to a low of -$864159.0 in Q2 2025.
  • Historically, Operating Expenses has averaged $715165.5 across 5 years, with a median of $665562.0 in 2025.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 1258.39% in 2023, then slumped 137.12% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $371090.0 in 2022, then surged by 173.19% to $1.0 million in 2023, then plunged by 137.12% to -$376286.0 in 2024, then jumped by 276.88% to $665562.0 in 2025, then dropped by 3.55% to $641917.0 in 2026.
  • The last three Operating Expenses figures came in at $641917.0 (Q1 2026), $665562.0 (Q4 2025), and $596203.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 3.88 Bn
2 Blackstone 96.85 Bn 95.80 Bn - 2.26 Bn
3 Kkr 86.45 Bn 133.96 Bn - 3.87 Bn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 4.68 Bn
5 State Street 46.95 Bn 21.27 Bn - 2.81 Bn
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 3.67 Bn
7 Northern Trust 31.92 Bn 31.92 Bn - 1.51 Bn
8 Raymond James Financial 30.62 Bn 19.37 Bn - 3.12 Bn
9 Ares Management 29.04 Bn 32.41 Bn - 1.17 Bn
10 Rand Capital 30.52 Mn 30.19 Mn - 641,917.00

Historic Data

Download Data
DateValue
Mar 31, 2026 641,917.00
Dec 31, 2025 665,562.00
Sep 30, 2025 596,203.00
Jun 30, 2025 -864,159.00
Mar 31, 2025 791,065.00
Dec 31, 2024 -376,286.00
Sep 30, 2024 1.33 Mn
Jun 30, 2024 2.65 Mn
Mar 31, 2024 1.23 Mn
Dec 31, 2023 1.01 Mn
Sep 30, 2023 809,936.00
Jun 30, 2023 1.31 Mn
Mar 31, 2023 1.05 Mn
Dec 31, 2022 371,090.00
Sep 30, 2022 498,959.00
Jun 30, 2022 96,198.00
Mar 31, 2022 345,378.00